What the hell is causing this extreme constant bullish move in the Dow??!

Quote from eurusdzn:

Euro higher and higher has gotta stop else SP500 goes higher. . euro/spy and bonds/dollar locked and synced up nicely here.
Maybe "he", "they" , want or can tolerate some inflation here.
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Why do you think the rise in eur is directly related to the stock market rise?

Ron,
Jan25th , German PMI was stronger than expected. EUR/USD
up over 120 pips overnight breaking out from 134. Bonds and dollar puked big overnight.
Post-mortum , looking back, this seems like a catalyst (gas on a fire) event that has really
changed the tone of the dollar and especially bonds.
Dollar index, and treasuries seems to be looking to break out to the downside.
I view SP500 as another asset classs correlated with the bonds
, euro , dollar in textbook fashion right now with a nod and a
wink from the planners. I dont see the SP500 about earnings, jobs etc. Definitely toooooo much Zerohedge for me.
 
markets go to extremes that's why people go bust shorting the market. i don't see this optimistic second half were companies start hiring people for 50k a year, the fed no longer buys the bond / mortgage market, there are plenty of buyers for all the securities the fed owns, and the government makes amazing tax cuts that don't hurt spending. its a dream.

Quote from spanish89:

Dow risen up over 1,000 points in 3weeks with barely a 35points pullback along that upmove!!! :eek: :eek:

What the hell is behind this move?? :confused:
 
Quote from marketsurfer:

You can have 50 small losses in a row, then have a huge win and have a great month. the opposite is also true.

And this my friends is why the las veags casinos make so much money,
as the world is full of foolish idiotic gambling addicts like surf!! :D :cool: :p


What you describe isn't trading, its just pure straightforward GAMBLING!! :p

What you are doing is exactly identical to just betting £1 on 1 single number on a roulette wheel.
The odds of winning are only 1/36, however if you do win you will win 36x your inital bet stake.

And that is exactly what you are doing, just punting and gambling at high odds, so losing the majority of the time,
but then praying and hoping that through 'good luck' you will have 1 or 2 ''winners''.

(Anyone who calls a profital trade ''a winner'' is just a gambler, pure and simple!)



If you want to learn how to trade research Jim Rodgers, and then learn to trade based on VALUE,
not on 'odds', you foolish idiotic little turd. :D :cool: :p
 
P.S Anyone who hasn't made money shorting the fuck out of the European indicies inadvance of today's 4%+ crashes is a total idiot and fool! :D :cool: :p
 
Quote from d08:

Technically speaking, I hadn't noticed this before but the SPY made a reverse H&S pattern on the daily ending on December 31st. Judging purely based on that, the target until the market norm returns would be $155 - so there's at least a week or two of bullishness remaining.

Would be looking for a temporary pullback around these areas, we might still touch $155 this week, which is only .30 away from yesterday's high.
 
Quote from RedDuke:

I learned a long time ago to stop asking why and just try to profit from the move. Whatever explanations we will find, most probably will be wrong anyway.

Two thumbs up.
 
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